Sustainability
We have policies aimed at helping realize a sustainable society and boosting our corporate value.
In accordance with these policies, we conduct business in order to help solve a range of social issues and increase our corporate value, thus meeting the expectations of all stakeholders.
Nichiden’s sustainability
Based on its company motto and management philosophy, the Nichiden Group communicates with stakeholders in every way possible. This allows us to be a corporate entity that builds the workings of manufacturing and supports the foundations of industry, in the process raising overall corporate value and helping realize a sustainable society.
Multi-stakeholder policy
Our purpose is to “Sincerely contribute to the future of manufacturing by uniting the hopes of those who make products and those who use them.” Practicing sound management, we collaborate appropriately with, and build bonds of trust between, shareholders, employees, suppliers, and other stakeholders, in the process raising our corporate value.
While always keeping environmental matters in mind, we strive to fulfill the important responsibility of meeting society’s expectations by helping the manufacturing sector become more technologically advanced, efficient, labor-saving, and safe, and by passing on to our multiple stakeholders the profits and successes we achieve. From this perspective, we carry out the initiatives below as important ways to give back to our shareholders and employees, and to value our suppliers.
1. Giving back to employees
We consider our employees a valuable resource, and we focus on training them to raise our corporate value, continuously grow our company, raise productivity, and maximize added value. We do this by actively providing education and training programs that help them better engage with their jobs and boost productivity. We also aim to continuously give back to our employees by sharing our profits and successes with them through periodic pay raises.
(Individual items)
For example, in fiscal 2023 employees received a pay raise in the form of an increase in base salary. We will continue to revise employee benefits according to economic circumstances and company performance, and further our education and training efforts by introducing more programs classified by job level and function.
2. Valuing our suppliers
We continuously strive to honor our partnership building declaration.
Note that if the partnership building declaration is cancelled, the multi-stakeholder policy will no longer be made public.
・Partnership building declaration link
【https://www.biz-partnership.jp/declaration/86670-09-00-osaka.pdf】
As well, we will appropriately build business relationships with companies exempt from consumption tax, using as guidelines government-announced policies on tax-exempt companies’ and their business partners’ handling of the invoice system.
We ensure appropriate dealings with our business partners by constantly confirming our conformance with the clauses of the declaration.
March 19, 2025
Toshikazu Fuke, Representative Director and President Executive Officer, Nichiden Corporation
Nichiden’s materiality
1 Environment: Climate change-related measures
We consider climate change measures to be crucial towards achieving a carbon-neutral society and a circular economy. Besides the environmentally friendly products and systems that we have provided, we have been collaborating with stakeholders to solve a range of social issues.
Through the framework of the TCFD, we will continue to provide information on our efforts to sell more products that are energy efficient and help reduce CO2 emissions, and on our other climate change-related measures.
2 Social: Company environment conducive to growth and active participation of diverse human resources
First and foremost, we want our employees to reflect our company motto, “Sincerity.” This means they can do what is expected of upstanding people, such as properly greet others and keep promises. Sincerity has always been a cornerstone of Nichiden’s human resources, who have striven for self-improvement through their work and have grown along with the company.
We have built a training system for these valuable human resources, which helps them use their talents to the fullest and a company culture in which they can enjoy rewarding work and personal fulfilment. The result is that they can help make the society around them sustainable.
3 Governance: Transparent governance
We have built a system of corporate governance that provides a foundation for ensuring management transparency and fairness, and for executing prompt decision-making in the face of business environment changes. These help us contribute to an abundant future and achieve greater corporate value.
4 Business: New contributions to manufacturing that solves social issues
We collaborate with suppliers and leverage our strengths—in people, technology, procurement, and information—in order to help our users solve the problems they face and to boost the value we provide, thus contributing to an abundant future.